Issue 9 2023
It used to be simple – or at least relatively straightforward. Big Pharma relied on ‘blockbuster’ drugs to provide profits and financial support for R&D. Then biotech became the ‘next big thing’ with small start-up companies, often spin-outs from university research and funded by venture capitalists. Big Pharma took advantage of this, in many cases, first through collaboration and then acquisition to add products to their portfolios and expertise.
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